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Upstream Cost Deflation: How much could costs of exploration fall?

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Report summary

Costs of exploration are falling as the industry adjusts to its new price environment. Many explorers have reacted by simply spending less. But what they really need is lower costs.

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    Upstream Cost Deflation: How much could costs of exploration fall?

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This report includes 3 images and tables including:

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  • Service sector margins
  • Potential impact of US dollar appreciation
  • Announced exploration budgets, ranked by 2015 versus 2014 delta, and potential impact on activity

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